Glen Dale, WV26040

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$70,000
4.8% YoY Growth
Median Household Income
$43,200
16.0% 5-Year Growth
Days on Market
122
168.0% Longer than last year
Home Price Forecast
1.2%
Median Rent
$765
11.5% YoY Growth
1-Bed Rent
$765
3.5% YoY Growth
2-Bed Rent
$1,050
N/A
3-Bed Rent
N/A
N/A

Property Listings — Glen Dale, WV

As of Aug '25 and according to Realtor.com, the median days on market for a home in Glen Dale, WV is 122. This is an increase of 168.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$61,0006.0%
Listing Count
9N/A
Listings as % of Homes0.8%N/A
Days on Market
122168.0%
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Demographics — Glen Dale, WV

MetricLatest CensusYoY % Change
Population
1,860-7.1%
% Under 18
28.9%46.0%
% Under 5N/AN/A
% Seniors
15.0%-1.3%
% WFH
3.6%300.0%
% w/ College Degree
13.7%-25.5%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.8%-7.8%
% Black
0.1%∞%
% Hispanic
0.3%-88.5%
% Asian
0.2%-60.0%
% Foreign Born
0.6%-40.0%
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Mortgage and Risk — Glen Dale, WV

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Glen Dale, WV in that year was 33. 70.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 88.0%. Of those, 61.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Glen Dale, WV. Investor activity in Glen Dale, WV is low, as 3.0% of all loans are originated by investors. In 2023, 6.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
33N/AN/A
% Conventional Loans
70.0%N/AN/A
% Government Loans
30.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
3.0%N/AN/A
% Cash Out Refinance
6.0%N/AN/A
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Rentals and Section 8 — Glen Dale, WV

As of 2024, the percent of homes in Glen Dale, WV under the Section 8 program is 0.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
62
Total Units Section 8
2
% Rentals under Section 8
0.7%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$35$765$730
2 Bedroom-$170$1,050$880
3 BedroomN/AN/A$1,150
4 BedroomN/AN/A$1,290

Affordability — Glen Dale, WV

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio1.5N/AN/A
Median Home Price$70,000N/AN/A
Median Household Income$43,200N/AN/A

Glen Dale, WV — ZIP Code Boundary Map

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